The lawsuit describes an intentional collision-for-profit enterprise that recruited claimants to stage or exaggerate crashes involving FedEx’s commercial vehicles.

Brent crude, the international standard, gained $1.46 to $106.48 per barrel, while U.S. benchmark crude added $1.53 to $99.79 per barrel.

Walmart was cautious about the rest of the year given the current economic uncertainty. 

U.S. Class 8 retail sales fell below the prior-year level as buyers continued to wait for a more sustained freight market recovery in April.

Proterra’s Onyx battery platform currently uses cylindrical nickel manganese cobalt lithium-ion cells from LG Energy Solutions, manufactured in South Korea.

FMCSA Administrator Derek Barrs emphasized that responsible carriers play a central role in improving safety and identifying those who undermine the system.

Trailer manufacturer Great Dane will sell all 19 company-owned dealership locations, a senior executive confirmed.

In the coming weeks, the soda and snacks maker plans to hike prices by 10 cents to 20 cents on certain single-serve bags that are now retailing for $2.69.

For the first time, the House Transportation and Infrastructure Committee included a federal policy framework regulating the deployment of self-driving trucks.

The EPA has proposed delaying stricter emissions standards for light-duty and Class 3 medium-duty vehicles until model year 2029.

The decline of 17.8 million barrels brings crude inventories to the lowest levels in nearly a year, according to data from EIA.

CEO Antonio Filosa has flagged that partnerships will be a key pillar of the company’s strategy going forward.

Democrats had raised the state gas tax by 6 cents a gallon. Republicans responded by launching a referendum campaign to refer the tax and fee increases to voters.

Lowe’s kept its full-year outlook unchanged in the face of higher transportation costs and a muted housing environment. 

U.N. economists said global GDP growth is now forecast at 2.5% for 2026, down from 2.7% in January, and it could fall to only 2.1% “in a more adverse scenario.”

New CEO Michael Fiddelke said he remained guardedly optimistic given where the company is in its operational overhaul.

Brent crude, the international standard, lost $2.89 to $108.39 per barrel. But gasoline prices in the U.S. continued to rise.

The DOJ said it filed criminal charges against four large makers of shipping containers for allegedly colluding to raise prices during the pandemic.

Omdia Automotive found that Classes 4-7 retail truck sales decreased 18.5% to 15,293 from 18,754 units reported during the prior-year period.

Bridge projects are the centerpiece of FHWA's focus on infrastructure investments, Administrator Sean McMaster told business leaders and government officials.